Suburban Propane Partners
177 hedge funds and large institutions have $987M invested in Suburban Propane Partners in 2015 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 54 reducing their positions, and 16 closing their positions.
550% more call options, than puts
Call options by funds: $9.57M | Put options by funds: $1.47M
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
2% more funds holding
Funds holding: 174 → 177 (+3)
0.83% less ownership
Funds ownership: 38.8% → 37.97% (-0.83%)
17% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 54
35% less capital inflows, than outflows
Capital inflows: $39.7M | Capital outflows: $61.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
City National Bank
Beverly Hills,
Delaware
|
+$6.04M |
| 2 |
Energy Income Partners
Westport,
Connecticut
|
+$5.76M |
| 3 |
Edge Asset Management
Seattle,
Washington
|
+$4.65M |
| 4 |
Goldman Sachs
New York
|
+$4.26M |
| 5 |
Morgan Stanley
New York
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$13.7M |
| 2 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
-$7.74M |
| 3 |
JP Morgan Chase
New York
|
-$6.42M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$5.13M |
| 5 |
Credit Suisse
Zurich,
Switzerland
|
-$3.99M |
SPH Hedge Fund Activity: Q1 2015 in Review
177 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q1 2015, worth a combined $987M — down 2.7% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SPH positions and 16 closed out — a net gain of 5 holders — while 45 added to existing stakes and 54 trimmed.
The largest buyer was City National Bank, adding an estimated $6.04M. The largest seller was Neuberger Berman Group, cutting an estimated $13.7M.
- 177 institutional investors held Suburban Propane Partners (SPH) as of Q1 2015, up from 174 in Q4 2014.
- Funds reported $987M of Suburban Propane Partners stock for Q1 2015, down 2.7% quarter-over-quarter.
- 21 funds opened new Suburban Propane Partners positions in Q1 2015 and 16 closed out, a net change of +5 holders.
- The largest Suburban Propane Partners buyer in Q1 2015 was City National Bank, an estimated $6.04M added.
- The largest Suburban Propane Partners seller in Q1 2015 was Neuberger Berman Group, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2015.